Located on one of the Upper East Side's most exceptional townhouse blocks, a few houses down from where the iconic film "Breakfast at Tiffany's" was shot, this exquisite four-story townhouse exudes sophistication with its 20-foot width and graceful architectural features. The property at 159 East 71st Street, constructed in 1880, has a rich history. It was once owned by the acclaimed pianist and band leader Peter Duchin, who was well known for hosting spectacular parties at the house, and also had the distinction of being the site of Mayor Koch's inauguration twice. 159 East 71st Street is in great condition with charming character and abundant natural light throughout. The house comprises a total of 11 rooms, which include six bedrooms, a maid's room, five full bathrooms, and one powder room. The garden level boasts a spacious eat-in kitchen that leads to an open living and dining area that looks out to a generously sized, landscaped garden. There is also a maid's room and full bathroom on this level. The parlor floor boasts high ceilings with a spacious living room in the front and an elegant wood paneled library in the rear that overlooks the garden below. Furthermore, there is a powder room and a wet bar on this floor for convenience when entertaining. The third floor features a primary bedroom with three large south-facing windows, a spacious dressing area with ample closet space and an ensuite bathroom along with another bedroom or office with an ensuite bathroom. Finally, the fourth floor houses four bedrooms and two bathrooms. This magnificent home is perfect for both everyday living and entertaining. Its coveted location in one of the Upper East Side's most desirable neighborhoods provides easy access to top-rated schools, exceptional restaurants, shops, art galleries, and world-class museums.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $6,960,000 | $6,960,000 | $6,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $39,518 | $43,421 | $58,263 |
Total Monthly Payment | $39,643 | $43,546 | $58,388 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.